Sentences with phrase «receiving excess funds»

In addition, a borrower can, under certain circumstances, use the opportunity to lower their interest rate, change the loan term and / or transition from an adjustable rate to a fixed rate, in addition to receiving excess funds.

Not exact matches

If you are lucky to receive such a windfall and would like to make a large payment (maybe not large enough to pay off the loan completely) on your student loan, notify your lender that you would like the funds to go toward the principal of your student loan, not toward future loan payments (some lenders will automatically use the excess to prepay future payments, if you don't notify them).
Top - up funding rates should mainly reflect the additional support costs relating to individual pupils and students, in excess of core funding, that the institution receives.
Housing associations are also culpable: between 2000 - 2014 they received in excess of # 62 billion in funding, yet built only 26,000 homes per year on average, just half the number required to meet demand.
Council received the final report on the Forensic Audit of Revenue Accrued from Revenue Generating Agencies (RGAs) into Federation Account (FA), Excess Crude Account (ECA) and Consolidated Revenue Fund (CRF).
«No matter how hard Fayemi and his spin - doctors try, they can not erase the fact that apart from regular monthly allocation and Subsidy Reinvestment Programme (SURE - P) fund among others, Fayemi's received N46.4 billion from the Excess Crude Account, yet he took N25 billion bond and N31 billion commercial bank loan.
«As at today, this government has plunged this State into over N30 billion debt despite receiving over N500 billion in the last seven years from the Federal Allocation; this is outside the internally generated revenue, this is outside VAT, this is excess crude as well as ecological fund».
«So if the proposed reforms are enacted, it may be reasonable to assume that districts would receive current law funding amounts for such aid categories as building, transportation, BOCES and excess cost (special education) aid, as well as other categories.
McGill receives over $ 235 million in research funding annually; currently the university is involved in more than 100 international projects worth in excess of $ 70 million, funded by federal and provincial government agencies, foreign governments, international financial institutions, and private foundations.
He was attracted by startup grant funding that was by far the most generous he received (well in excess of US$ 1 million over five years) and the intellectual and cultural stimulation of working in a different environment.
«In each case,» the authors write, «affected districts receive funds in excess of what they would receive if only the students on their rolls were funded
In each case, affected districts receive funds in excess of what they would receive if only the students on their rolls were funded.
So - called Abbott districts, those that receive the largest share of new state funding, in select instances spend in excess of $ 19,000 per pupil, a figure that rivals day - student tuition at many of the nation's most prestigious independent schools.
Under a state law regarding the scholarship program, if there is money leftover from program (meaning not as many students used the available funds), that money is given back to the public and charter schools, but schools haven't received any of that excess money since the 2012 - 2013 school year.
Even after the new proposed funding kicks in, Amistad Academy will receive $ 12,000 per child and the New Haven school district will spend in excess of $ 16,000 per child.
A Horace Mann charter school shall not expend or incur obligations in excess of its budget request; provided, however, that a Horace Mann charter school may spend federal and state grants and other funds received independent of the school district not accounted for in the charter school's budget request without prior approval from the superintendent or the school committee.
Please note: All excess contribution requests received after the tax filing date (including extensions) will be processed in the year they are received and the removal of the funds will be reflected on the current year's tax form when it is produced.
If our child receives a scholarship or uses other financial methods, we can apply any excess funds to retirement or other investments.
Since the account is segregated, and the funds are not coming led with the FCM's funds, any excess margin will go out the same day they are requested as long as request received before 12:00 PM EST..
Within 30 days of a motor vehicle title lender receiving funds from the sale of your motor vehicle, you are entitled to receive any surplus from the sale in excess of the sum of the following: (i) the outstanding balance on your motor vehicle title loan; (ii) the amount of interest accrued on your motor vehicle title loan through the date the motor vehicle title lender repossessed your motor vehicle; and (iii) any reasonable costs incurred by the motor vehicle title lender in repossessing, preparing for sale, and selling your motor vehicle.
Among the nation's largest institutional investors, super funds could not take advantage of the «excess» franking credits they were receiving.
If you have excess funds that you don't need to access for a specified length of time, you receive a higher rate.
To the extent that the Fund invests in these securities, the Fund may be subject to an interest charge in addition to federal income tax (at ordinary income rates) on (i) any «excess distribution» received on the stock of a PFIC, or (ii) any gain from disposition of PFIC stock that was acquired in an earlier taxable year.
Brokers or dealers executing a portfolio transaction on behalf of the Funds may receive a commission in excess of the amount of commission another broker or dealer would have charged for executing the transaction if the Adviser determines in good faith that such commission is reasonable in relation to the value of brokerage and research services provided to the Funds.
Therefore, the payment of this tax would reduce a funds» economic return from its PFIC shares, and excess distributions received with respect to such shares are treated as ordinary income rather than capital gains.
The benefits of receiving cash over and above the amount that goes to paying off an existing mortgage is that the borrower may apply the excess funds to any number of projects or purchases.
Therefore, the payment of this tax would reduce the fund's economic return from its PFIC shares, and excess distributions received with respect to such shares are treated as ordinary income rather than capital gains.
Donations in excess of $ 25 are encouraged and greatly appreciated, as our shelter does not receive government funding and is not affiliated with any national humane organizations.
The lender gets whatever funds are required to satisfy the debt, and the borrower receives anything in excess of that amount.
Reaffirmation agreements are not required in bankruptcy and are totally voluntary, and there may be certain circumstances when they make sense, such as in the case of a borrower who has inadvertently received federal Title IV loan funds in excess of an annual or aggregate loan limit and wishes to regain eligibility for additional Title IV aid.
Reverse Mortgage Loans are not subject to prepayment penalties and therefore you can repay any portion of the excess proceeds you received at closing at any time to lower your balance, or you can choose a line of credit and only advance the portion of funds that you wish at closing.
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